EUR/CAD After reaching previous resistance started a downtrend. Its next support stands at 1.45309. Fundamentally market participants expecting ECB may not extend Quantitative easing after it ends in December 2017. Bank of Canada unexpectedly rose it rate hike in 6th September 2017 meeting as economy is doing exceptionally well. Last quarter GDP growth was 4 %. Inflation is rising up as retail sales rising. So EUR/CAD got weaker. As it is near to its previous support I expect a retracement in it…
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